Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

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Thai Update
Market Tone

Export prices are mixed. Domestic prices declined by 2-4 percent as supplies of new second-crop harvest in major growing areas (central plain) are coming into market. Even though the current government intervention program is now fully implemented, the credit line is limited to 500,000 baht/farmer ($15,150/farmer) which is approximately half of production capacity of farmers in the central plain. So far, the program bought 730,000 tons of paddy worth 9 billion baht ($273 million). Farmgate prices of white rice paddy remain approximately 1,000 baht/ton ($30/MT) lower than intervention prices. Meanwhile, new order demand for white rice is quiet. Also, there is a rumor of Iran buying Vietnamese rice as prices are reportedly to be cheaper by nearly $100/MT. However, parboiled rice export prices continue to increase as Thai parboiled rice exporters are aggressively filling shipments to Nigeria.
MGR Archive 5.8.2008
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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